I've always loved the political term "dead cat bounce" -- i.e., a poll bounce that happens once, slightly, and then goes nowhere. It's one of the minor regret issues of my life that I've never had a chance to use it in a sentence in this column or in anything else I've written. Not in a way that felt right. You can't just plop a term into a sentence. It has to happen of its own volition.
Posted by Jeffrey Wells on October 23, 2008 at 4:38 PM
comment #1
tmurry
says ...
I think of it as a financial term - before a company goes kaput, the stock drop stops and the price deflects up a little, then crashes back to zero because people think "no way Service Merchandise (pick your own example) is just worth 3 cents a share." A little buying run starts before the inevitable crash takes out the gain.
Posted by tmurry
at October 23, 2008 5:30 PM
comment #2
D.Z.
says ...
Jeff, that fake President article doesn't work when you click on it.
Posted by D.Z.
at October 23, 2008 8:54 PM
comment #3
polevod
says ...
Definitely a stock market term. Never heard it used in the context of political polls. Jeff, do you have an example?
BTW:
http://en.wikipedia.org/wiki/Dead_cat_bounce
Posted by polevod
at October 24, 2008 12:39 PM
comment #4
polevod
says ...
I stand corrected. Here is the example:
http://blogs.tnr.com/tnr/blogs/the_plank/archive/2008/10/21/today-s-polls-dead-cat-bounce.aspx
Posted by polevod
at October 24, 2008 12:41 PM
comment #5
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